1424 Coronado Avenue Pending Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,592 sqft
Price per Sqft $482
MLS Listing ID CRSB25166153
Year Built 1923
Lot Size 6,880 Sqft
Property Sub-Type Other
Property Description
We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.
Location
State CA
County Los Angeles
Interior
Laundry Common Area
Building
Lot Description Other